PC Jeweller will raise up to Rs 427 crore from DVI Fund Mauritius through debentures. The proceeds will be utilised as capital expenditure for future expansion.
The company currently has three factories and 60 retail stores across the country. The company is adding 15-20 stores every fiscal and is exploring to set up new manufacturing facilities.
PC Jeweller is one of the leading jewellery companies in India in the organized jewellery retail sector. Its operations include the manufacture, retail and export of jewellery. The company has developed a strong brand in north and central India markets.